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Microcap & Penny Stocks : Olympus Ventures (OVIS) - formerly (OLPV)

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To: Tom R. Clarksburg who wrote (8607)9/23/1997 6:14:00 PM
From: Riley G   of 13196
 
I think that group approached OVIS to buy the complete treasury stock about a month ago at .10 cents a share and the company told them to get lost (rumor from several brokers). I heard these stories for awhile and tend to believe them as it may have been the same group that pulled the SLANDEROUS, and CRIMINAL press release this month. That estimated 471k (approx) treasury stock would have covered a lot of that groups/MM estimated short and naked short position!

I also believe that there is way over 2 million extra shares on the OVIS market. These will have to be bought back at the present SHAREHOLDERs BUYBACK prices and not the MM's! That is the key. We own the stock that they sold NAKED to us, and now they must pay for it! That's why I believe that the naysayers are here in force. Granted some of the posters are just cruising the SI boards and trying to create fear and doubt.

Call those certificates!
Verify that they have been ordered!
Sell your shares in the walk-up ladder approach.
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Here's how I plan to sell my shares through a slow steady upward process. Others may want to model a slow steady sell after this. I have no control of how you do it. As in all investments, this is only a template!

Stock Price Sell percentage
xx-xx 3% to 5% of position (cover buy in and nice profit)
xx-xx another 5%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
xxx-xxx 10%
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It is a simple matter to replace the xxx-xxx's with the starting price ranges that you want to start selling off shares. This method does not flood the market with shares and allows the stock price to grow as you sell a little here and there. You don't have to sell them in a day, two, or a month. You just follow your own set selling plan.

I have said that I am not selling any shares until the mid. $25 to $35 range, and then about 865 shares of my position! I do not sell on even numbers, I have plans on selling at odd places like EXAMPLE....200 shares at 27.625, 300 shares at 32.125,etc.....
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This selling schedule is the scary thing for the regular shorts and the NAKED SHORTS as we will along be releasing small amounts of CERTIFICATED shares to the market. Thus creating strong upward pressure once the squeeze hits the fan!

RG
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